Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee - North Dakota 2025

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A North Dakota warranty deed is a conveyance instrument through which property rights are transferred to a buyer (the grantee) with a general warranty of title issued by the property seller/owner (the grantor).
A general warranty deed protects the buyer by guaranteeing the seller has full title, is the sole property owner and has the right to sell the property. It also assures the seller does not know of any property issues that may arise. A mortgage company typically prepares the general warranty deed.
The short answer is: You, the homeowner, typically hold the deed to your house, even when you have a mortgage.
A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.
Of all real estate deeds, general warranty deeds provide the most protection to the grantee (buyer). This deed guarantees that the grantor (seller) holds clear title and has the right to sell the property.
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People also ask

The Definition Of Grantor And Grantee Mortgage agreements: The lender (grantor) provides funds, and the borrower (grantee) receives them. Trusts: The trust creator (grantor) transfers assets to a beneficiary (grantee). Property deeds: The seller (grantor) transfers ownership to the buyer (grantee).
The Grantee is the buyer, recipient, new owner, or lien holder. When vs. appears on legal documents, the Grantor is on the bottom, the Grantee is on the top.

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